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Feb 27, 2013
02/13
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demand for u.s. durable goods falling for the first time since august last month. 5.2% in january from the previous month. most of this is on aircraft demand. they fell sharply. the ordernew orders for nondefee capital goods including aircraft jumped 6.3% month over month. the biggest gain in more than a year. the number of americans signing contracts to buy homes rose to the highest level in more than 20 half years in january. the national association of realtors index jumped 4.5%. we have mark sebastian in the pits of the cme. and scott, ceo of advisors asset management. mark at the cme. i want to start with gold with ben bernanke's announcement once again he will just keep the printing press is going and going and going. why did gold fall so dramatically? >> i think it was just asset shifting. gold rallied more because of fears of what could happen in the euro and the market selling off than it did because the fundamentals of that product got any better. dipping below 1600, i don't like cold right
demand for u.s. durable goods falling for the first time since august last month. 5.2% in january from the previous month. most of this is on aircraft demand. they fell sharply. the ordernew orders for nondefee capital goods including aircraft jumped 6.3% month over month. the biggest gain in more than a year. the number of americans signing contracts to buy homes rose to the highest level in more than 20 half years in january. the national association of realtors index jumped 4.5%. we have...
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Feb 26, 2013
02/13
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liz: we were doing that too in the u.s. a little bit with the fed; right? >> everybody is somewhat afraid of being too strong, so there is -- i won't call it a currency war, but there is certainly currency skirmishes, what we have been doing is similar to what other nations have been doing. we have been making everything more liquid which affects the dollar and the dollar weakens. liz: it seems obvious that the yen would continue to weaken and that a lot of people are shorting the yen. is that a trade that could turn and move quickly? >> it could in terms of a short-term reaction toward where it's been going. i think in the long run the yen probably has more to go. liz: i have to ask you about exchanges. the cme obviously was not part of the big acquisition, the big merging trade that we've seen lately. of course the nyse joining with the i.c.e., there is a rumor, i'm not shocked that you probably know about this, that the deutsche boerse and the cme may very well hook up. would you be in support of that kind of thing? >> i'm not going to comment on anythin
liz: we were doing that too in the u.s. a little bit with the fed; right? >> everybody is somewhat afraid of being too strong, so there is -- i won't call it a currency war, but there is certainly currency skirmishes, what we have been doing is similar to what other nations have been doing. we have been making everything more liquid which affects the dollar and the dollar weakens. liz: it seems obvious that the yen would continue to weaken and that a lot of people are shorting the yen. is...
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Feb 22, 2013
02/13
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in the u.s., you pay about 2 to $300 to the carrier when you upgrade but the inherent value of the device is much higher than that. it is closer to 6 to $800. so when we pay you $200, a couple years after you used the., the intrinsic value of the device is much higher than that. there is plenty of demand, both in the u.s., but even more so in emerging markets for these devices. david: so, for example, do you sell them into mexico? do you sell them in asia? where is your biggest market for resale? >> we sell into a lot of different regions. i would say asia is the largest market that we sell into. as well as africa and latin america. if you think about demand for these phones over the next three years you're talking about two billion units that will be in demand in those markets. apple, samsung, black remember i, they can't make enough phones to satisfy demand. david: we've been hearing and apple's stock has shown this the last six months or a year, there is less of a demand and encroaching on mar
in the u.s., you pay about 2 to $300 to the carrier when you upgrade but the inherent value of the device is much higher than that. it is closer to 6 to $800. so when we pay you $200, a couple years after you used the., the intrinsic value of the device is much higher than that. there is plenty of demand, both in the u.s., but even more so in emerging markets for these devices. david: so, for example, do you sell them into mexico? do you sell them in asia? where is your biggest market for...
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Feb 19, 2013
02/13
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china hacking into u.s. business and we have the anti hacker who is hundreds of attacks to the doorstep of the people's liberation army. cheryl: as we go to break take a look at the world currency, speaking of international story. here's how the world currencies are faring against the u.s. dollar. we will be right back. (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick trade bar lets my account follow me online so i can react in real-time. plus, my local scottrade office is there to help. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. voted "best investment services company." >> 23 minutes past the hour your fox news minute. president obama is pushing congress to avoid the fourth spending cuts that are set to begin march 1st. >> these cuts are not smart. they're not fair. they will hurt our economy. they will add hundreds
china hacking into u.s. business and we have the anti hacker who is hundreds of attacks to the doorstep of the people's liberation army. cheryl: as we go to break take a look at the world currency, speaking of international story. here's how the world currencies are faring against the u.s. dollar. we will be right back. (announcer) scottrade knows our clients trade and invest their own way. with scottrade's smart text, i can quickly understand my charts, and spend more time trading. their quick...
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Feb 25, 2013
02/13
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world bank of scotland unloading is but a 25% of the u.s. being citizens through initial public offerings. hoping to sell the stake this year or next year which analysts estimate is worth between 9 9-$15 billion. he met with ford in the first collaboration with an automaker. available in the u.s. next month in every app link equipped ford vehicle. spotify says of the 20 million active users worldwide, 25% of them are paying subscribers. we continue our "countdown to the closing bell" with ashley webster. ashley: all right, welcome back, everybody. money flowing into some utility stocks and a few hitting record highs. let's go to nicole petallides at the new york stock exchange for details on this, nicole. nicole: you talk about the skittishness on wall street, you see utilities would be a group defensive play, consumer staples go into that as well, so take a look at today's stocks including northeast utilities, bp energy, hitting record highs today as you are seeing people running to that flight to safety. another cameraman has to stay with
world bank of scotland unloading is but a 25% of the u.s. being citizens through initial public offerings. hoping to sell the stake this year or next year which analysts estimate is worth between 9 9-$15 billion. he met with ford in the first collaboration with an automaker. available in the u.s. next month in every app link equipped ford vehicle. spotify says of the 20 million active users worldwide, 25% of them are paying subscribers. we continue our "countdown to the closing bell"...
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liz: the u.s. postal service announced plans to end saturday delivery to hopes and businesses starting august 1st. the announcement was met with much criticism that may very well end up in lawsuits, rich edson? >> it could be. the letter carriers union is exploring that. this is something congress has been preventing the postal service from doing for years. now they decided to go ahead. they discovered something in the law that lets them end saturday delivery. the union says no way. in a statement, the pmg, is dubious claiming a loophole in the law that will allow him to do this. the union is exploring all legal and political actions to block donahoe's gambit. it if he is allowed to get away with the brazen attempt to override the law and congress he would be free to go to four-day or three-day delivery in the future. the u.s. postal service says it assumes somebody will sue. >> i would expect we'll get a challenge. you can never be sure nobody will sue you. this is america. you can see. we'll work
liz: the u.s. postal service announced plans to end saturday delivery to hopes and businesses starting august 1st. the announcement was met with much criticism that may very well end up in lawsuits, rich edson? >> it could be. the letter carriers union is exploring that. this is something congress has been preventing the postal service from doing for years. now they decided to go ahead. they discovered something in the law that lets them end saturday delivery. the union says no way. in a...
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the typical u.s. corporate bond losses could lose 15 percent of the 30-year bond suffering 26% loss. so the fear, the buzz on wall street is we could see a 2002-like route in bonds. they're not saying how, when, white, where, no details, but that aid half trillion dollars corporate bond market could be rattled a little bit with this. and when you have blank line saying it, you have to say, wait a second, what is going on? and i will tell you something, pensions and life insurance, and also a systemic risk of bank balance sheets because they have been big buyers of government bonds. so the banks are truly too big to fail because they have been the ones buying government debt. we have to watch out. david: a bubble in search of a pen. only liz macdonald. liz: thank you very much. david: well, you think new york is an expensive city? maybe not today. up next, find out where in the big apple you can get coffee for a nickel. and a slice of cheesecake for $0.19. we will tell you where. liz: plus, we will loo
the typical u.s. corporate bond losses could lose 15 percent of the 30-year bond suffering 26% loss. so the fear, the buzz on wall street is we could see a 2002-like route in bonds. they're not saying how, when, white, where, no details, but that aid half trillion dollars corporate bond market could be rattled a little bit with this. and when you have blank line saying it, you have to say, wait a second, what is going on? and i will tell you something, pensions and life insurance, and also a...
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the u.s. it does not smell perfectly -- connell: they did not want to admit wrongdoing in a settlement. now you have a lawsuit as a result of that. there are a lot of people that were wrong about the financial crisis. maybe some of them were wrong on purpose, maybe they were not. if you look at the complaint, they may have some issues. there are e-mails. internal e-mails, if you look at the complaint back in 2006 where in s&p employee said rating agencies continue to create an even bigger monster. let's hope we are all wealthy and retired by the time this house of cards falters. that applies that selig did know it was a mess and they still said it is all right. >> you have to take into account how many employees work at any organization. it is very hard. we have not seen the complaint yet. what it actually stipulates. in terms of prognosticating the future and predicting the financial crisis -- connell: a lot of people were wrong. [talking over each other] connell: i do not know what your pers
the u.s. it does not smell perfectly -- connell: they did not want to admit wrongdoing in a settlement. now you have a lawsuit as a result of that. there are a lot of people that were wrong about the financial crisis. maybe some of them were wrong on purpose, maybe they were not. if you look at the complaint, they may have some issues. there are e-mails. internal e-mails, if you look at the complaint back in 2006 where in s&p employee said rating agencies continue to create an even bigger...
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Feb 25, 2013
02/13
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exports and jobs by making u.s. products more expensive in japan, our fourth largest trading partner. the yen is already down 15% or so in the last few months since japan talked up more aggressive steps to stimulate its economy. president obama and the new japanese minister met at the white house on friday. trade was on the agenda; however, no word from either side if they actually discussed corp sigh specifically, but as you recall, two weeks ago, the g20 group of world's largest economies including the u.s. and japan issued a communique on currencies that analysts viewed as an endorsement of japan's aggressive economic maps including a lower yen. for now, doesn't look like the u.s. or other nations move to devalue their concern currencies to respond, but the reliance of american manufacturing warns japan saying, quote, the practice of currency manipulation with a major trading partner such as japan is a subsidy for their products entering our market and a tax on our exports entering their country." >> not been a y
exports and jobs by making u.s. products more expensive in japan, our fourth largest trading partner. the yen is already down 15% or so in the last few months since japan talked up more aggressive steps to stimulate its economy. president obama and the new japanese minister met at the white house on friday. trade was on the agenda; however, no word from either side if they actually discussed corp sigh specifically, but as you recall, two weeks ago, the g20 group of world's largest economies...
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Feb 20, 2013
02/13
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ashley: the u.s. is blaming china for a recent string of cyber attacks and the white house is prepare to take action and considering trade fines against china. peter barnes in washington with details on this. peter. >> that's right, ashley. the administration is set to release a report next hour that will discuss possible new fines and trade sanctions against china for cyber threat according to sources. attorney general eric holder will be heading this press conference. the u.s. is trying to step up efforts to prevent chinese hacking which hit dozens of u.s. companies according to a separate report from mandiant, a sigher security firm. mandiant report says the chinese military is behind a lot of the hacking. that report is increasing pressure on the u.s. to take more foresful action against china for what experts say has been years of systemic espionage. >> we know that trade secret theft can cripple a company's competitive advantage in foreign markets, diminish export prospects around the globe and
ashley: the u.s. is blaming china for a recent string of cyber attacks and the white house is prepare to take action and considering trade fines against china. peter barnes in washington with details on this. peter. >> that's right, ashley. the administration is set to release a report next hour that will discuss possible new fines and trade sanctions against china for cyber threat according to sources. attorney general eric holder will be heading this press conference. the u.s. is trying...
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Feb 21, 2013
02/13
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why do they care about the u.s. chamber giving money? it is simple. the u.s. chamber of commerce oh poses a lot of issues supported by the obama administration. they were a huge opponent to obamacare. if you can get dell to tell you, tell everybody how much it is giving to the chamber which is opposing obamacare, you can protest dell on that one issue. that is what the chamber worries about. what we have right knew is the sec right in the middle of it. we should point out that mary schapiro met with a lot of advocacy groups over last couple years. she is out. mary jo white is in or still needs to be confirmed. what people will tell me this is the first big major regulatory issue mary jo white takes up. do they actually propose a rule. they have to pass it. they have to put it out for comment. ashley: right. >> do they go in that step? it will be pretty big. corporate america is starting to get worried. when you go to the sec to pass stuff like that it is different than going through the proxy process which as you know is piecemeal. ashley: charlie gasparino, a
why do they care about the u.s. chamber giving money? it is simple. the u.s. chamber of commerce oh poses a lot of issues supported by the obama administration. they were a huge opponent to obamacare. if you can get dell to tell you, tell everybody how much it is giving to the chamber which is opposing obamacare, you can protest dell on that one issue. that is what the chamber worries about. what we have right knew is the sec right in the middle of it. we should point out that mary schapiro met...
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Feb 26, 2013
02/13
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from u.s. housing to italy, political chaos in italy sending shockwaves across european markets today. italy's market plunging 5%. major indexes from london to paris, they lost well over 1%, 2% on the cac and dark. comes as no party actually won enough votes to form a majority in italy's parliament, that means the leaders, former prime minister, silvio berlusconi, he is back, comedian turned politician and peair bersani have to govern together. mario can monty putting measures to try to get italy's economy back on track and could go out the window. tracy: was this one big vote against mama germany? we don't want you to tell us what to do? ashley: exactly. no one likes to pay taxes. they're paying taxes like greece. they want perlous scone any said, forget about it. you don't need to pay taxes. that is the italian way of life. that is quarter past. just after quarter past. time to check the markets. nicole petallides on the floor of the new york stock exchange where we go about every 15 minutes.
from u.s. housing to italy, political chaos in italy sending shockwaves across european markets today. italy's market plunging 5%. major indexes from london to paris, they lost well over 1%, 2% on the cac and dark. comes as no party actually won enough votes to form a majority in italy's parliament, that means the leaders, former prime minister, silvio berlusconi, he is back, comedian turned politician and peair bersani have to govern together. mario can monty putting measures to try to get...
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this is the one rater that downgraded the u.s. government. they're not the only rater that did crummy stuff during the run-up. >> absolutely right. >> doesn't this look fishy to you? the government going -- >> raising questions why are they going after s&p and after moody's and not moody's and fitch? s&p, maybe i'm biased has been a leader in terms of telling people this is what we do. this is how we do it. they have been very open, more than the other two ratings agencies and i think the reason doj is going after them because they have been so open, saying this is our rules. these are our criteria. doj can look at that and say we think now we caught you on something you said you were doing but now you're not. >> we should point out that doj has been working on this case, i got this from a source that is advisor to the government for several is years now. they have been clearly looking at the rating agencies, following the financial crisis. they think, just because the other ones didn't get charged. that doesn't mean they won't get charged. t
this is the one rater that downgraded the u.s. government. they're not the only rater that did crummy stuff during the run-up. >> absolutely right. >> doesn't this look fishy to you? the government going -- >> raising questions why are they going after s&p and after moody's and not moody's and fitch? s&p, maybe i'm biased has been a leader in terms of telling people this is what we do. this is how we do it. they have been very open, more than the other two ratings...
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the u.s. postal service®, no business o small. >> tax tra keeps rolling along but spending cuts gets derailed, i'm david asman in for neil cavuto, now they have the republicans number. senate democrats push to delay automatic spending cuts, for another three months, and the same time they demand tax hikes to be in go kind of short-term deal. sounds like groundhog day, and john lay feel said that would drive the economy into the ground, mattie, andoirk connel oh, connel are joining us thank you. we know what the democrats want. they want more responding and higher taxes anyway they can get it. the question is what the republicans are going to do about it. so far they have been snuckerred by the guys, what do you think that the republicans will do? >> i think they should tell them, you got what you wanted. what are you going to do? we knew and said you will get about 40 billion attract dollars by raising taxes on upper income, rich, whatever you want to call them. we still have a deficit over $
the u.s. postal service®, no business o small. >> tax tra keeps rolling along but spending cuts gets derailed, i'm david asman in for neil cavuto, now they have the republicans number. senate democrats push to delay automatic spending cuts, for another three months, and the same time they demand tax hikes to be in go kind of short-term deal. sounds like groundhog day, and john lay feel said that would drive the economy into the ground, mattie, andoirk connel oh, connel are joining us...
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government, true -- represented the u.s. government, true, he also represents a u.s. government, about to be cham chairman of senate for en relations committee that is a position that has world wide significant, he will be representing the united states all over the world. and if he -- if the allegations are true that is a bad representative. >> what do you think will be media's react instead of having the name menendez, his name were ruberubeo, or paul or cruz. david: we know, forget debbie does dallas, are we looking at debbie does twitter? the porn controversy that has critics say the social media site twitter is actually abor anti-social. ders and only at officemax stores! yep, there i am with flo. hoo-hoo! watch it! [chuckles] anyhoo, 3 million people switched to me last year, saving an average of $475. [sigh] it feels good to help people save... with great discounts like safe driver, multicar, and multipolicy. so call me today. you'll be glad you did. cannonbox! [splash!] david: twitter giving people the jitters, the new video sharing app, has an nc- 17 rating a
government, true -- represented the u.s. government, true, he also represents a u.s. government, about to be cham chairman of senate for en relations committee that is a position that has world wide significant, he will be representing the united states all over the world. and if he -- if the allegations are true that is a bad representative. >> what do you think will be media's react instead of having the name menendez, his name were ruberubeo, or paul or cruz. david: we know, forget...
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Feb 13, 2013
02/13
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the u.s., but that is not the whole story. coke recently announced a plan to make the new macintosh and the u.s., but there are a tiny part of apple's business. apple's primary product, the ipad, iphone account for nearly three-quarters of the company's sales and are all made in china at places like fox con. that's not going to change a time soon. because as steve jobs once said denton cook echoed, you cannot find that many americans to hire. i bet there are just a few american engineers out there that would disagree, but they probably aren't looking at being paid $18 per day. mr. president, instead of dividing the ceo of the world's biggest company, what you bring in small business owners who are dealing with her policies the in and day out. while they're there may be to listen to what they have to say you. that's my "2 cents more," and that's it for tonight on "the willis report." thank you for joining us. gerri@foxbusiness.com for complete coverage of the president's state of the union addr
the u.s., but that is not the whole story. coke recently announced a plan to make the new macintosh and the u.s., but there are a tiny part of apple's business. apple's primary product, the ipad, iphone account for nearly three-quarters of the company's sales and are all made in china at places like fox con. that's not going to change a time soon. because as steve jobs once said denton cook echoed, you cannot find that many americans to hire. i bet there are just a few american engineers out...
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the u.s. postal service®, no business too small. ♪ lou: president obama calling on congress for another short term fix to avoid the defense sequester, the congressional budget office out with a bleak outlook on unemployment, and we will be talking about that with a former cbo director here in just moments. on wall street today stocks rebounded from yesterday's sell-off. the worst of the year to date. oriole prices rising today for the best levels in more than six years, selling and a faster rate. the dow jones industrials up 99 points, s&p up 15 and a half holding above the 1500 level. the nasdaq gaining 40. volume on the big board, three nap billion shares. joe going private, the deal led by michael dell. microsoft lending $2billion to the deal. in the bond market today interest rates rose. the 10-year rising back above 2%. gold down $2.90 per ounce, oil up $0.47, pushing the price of a barrel of crude to 9664 system beginning of the year. risen almost $4 per barrel. as the price of crude
the u.s. postal service®, no business too small. ♪ lou: president obama calling on congress for another short term fix to avoid the defense sequester, the congressional budget office out with a bleak outlook on unemployment, and we will be talking about that with a former cbo director here in just moments. on wall street today stocks rebounded from yesterday's sell-off. the worst of the year to date. oriole prices rising today for the best levels in more than six years, selling and a faster...
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Feb 17, 2013
02/13
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hispanic, american, u.s. senator, smart fellow, and he says he can get that done as long as border security is there. >> absolutely. lou: the use of -- so that hispanic americans who are voting, 70 percent, for president obama? >> they used to vote for the government. lou: look, i would love to sit and talk with you about 2006, 2000 -- 1986, we have limited time. >> sure. lou: would you going to do? >> so, hispanics by and large support the border enforcement. we're not talking about the people w say we want open borders. one and enforced border. lou: i said secure borders. quite a difference. >> secure the borders. hispanics want to secure the borders. >> hispanics want gender politics not to be the one who decides to back weather up the borders secure? >> i think it's fair enough. all americans think we need to have a definition of what a secure border is. and i don't think that the federal government should be the one, you know,. lou: you have to come back and join thi year. you have a big job. you have a
hispanic, american, u.s. senator, smart fellow, and he says he can get that done as long as border security is there. >> absolutely. lou: the use of -- so that hispanic americans who are voting, 70 percent, for president obama? >> they used to vote for the government. lou: look, i would love to sit and talk with you about 2006, 2000 -- 1986, we have limited time. >> sure. lou: would you going to do? >> so, hispanics by and large support the border enforcement. we're not...
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Feb 28, 2013
02/13
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a large number of u.s. companies combine both roles. melissa frances sat down in the last hour a short time ago to discuss this issue. >> the flexibility to decide what is appropriate for that company. perfectly good reasons to separated. there is in fact worse. separate chairman and ceo. the chairman and ceo. the people that dominate the rest of the board. the one everyone equal. gerri: to be clear, also said he loves having both titles. investors will vote on the latest proposal of the company's annual meeting in may. when we come back, while lsd left is furious at president obama and, next, a city with a vibrant past and desire future. how detroit died. and at what if anything can be done to save it. stay with us. ♪ ♪ ♪ gerri: is detroit about to become ofward of the state? the michigan mayor -- governor will announce whether the city will be getting an emergency financial makeover tomorrow. thanks for coming on the show tonight. you're ever in what is a very important book on the city. i've been there many times myself. how di
a large number of u.s. companies combine both roles. melissa frances sat down in the last hour a short time ago to discuss this issue. >> the flexibility to decide what is appropriate for that company. perfectly good reasons to separated. there is in fact worse. separate chairman and ceo. the chairman and ceo. the people that dominate the rest of the board. the one everyone equal. gerri: to be clear, also said he loves having both titles. investors will vote on the latest proposal of the...
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Feb 19, 2013
02/13
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in fact according to u.s. fish and wildlife service hunting license sales also moving higher. 9 percent higher over the past five years reversing what had been at 25 year decline. gun rights advocates are blasting chicago's police superintendent after he suggested, get ready, gun rights groups and agents -- our age is a political corruption. listen to gary mccarthy of the chicago radio talk show yesterday. >> the special interests, police work, we think it would be corruption. so if it has to do with donating money, obverses popularote, and we have a bigger problem in this country and someone has to wake up to that. >> is using that gun rights groups are somehow corrupting public safety? >> well, how was it t their controlling liticians? palin the control and elected officials? is not by popular vote. lou: really? according to the illinois rifle association mccarty also went on to argue the second amendment limits citizens toning smoothbore muskets. no, i have to say to you, if that really is the case does tha
in fact according to u.s. fish and wildlife service hunting license sales also moving higher. 9 percent higher over the past five years reversing what had been at 25 year decline. gun rights advocates are blasting chicago's police superintendent after he suggested, get ready, gun rights groups and agents -- our age is a political corruption. listen to gary mccarthy of the chicago radio talk show yesterday. >> the special interests, police work, we think it would be corruption. so if it...
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Feb 14, 2013
02/13
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this cannot be good news for the u.s. economy. >> well, it's not good news for the u.s. economy. but at the same time so many of the s&p 500 multinationals, they have really come from the distribution and selling standpoint, they are really trying to tap into the emerging markets. that, of course, is where we are suggesting to our clients that they invest. it is a little premature, i think. in early in the game to be putting money into european equities when there is so much opportunity in other countries out there. gerri: when do you think -- did you think the tone in the u.s. markets is changing in any way? it seems like we had some of just incredible weeks of people really excited. it is -- is it coming down, changing, turning? >> well, in january the s&p 500 was up 6%. so, you know, you multiply that by 12 months and you get 72%. that is unsustainable. i think what we're doing right now is going through that type of consolidation which translated for your viewers is basically stocks are going to go sideways for a time while the earnings catch up to the prices. at the same tim
this cannot be good news for the u.s. economy. >> well, it's not good news for the u.s. economy. but at the same time so many of the s&p 500 multinationals, they have really come from the distribution and selling standpoint, they are really trying to tap into the emerging markets. that, of course, is where we are suggesting to our clients that they invest. it is a little premature, i think. in early in the game to be putting money into european equities when there is so much...
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a man in oregon is suing the u.s. government, and an irs agent alleging the agent forced him into having sex by threatening a 40% sex penalty. >> he has leverage. melissa: how did he come up with that number? >> he said it all started when she called him saying he was being audited. she supposedly continued to send him flirtatious texts, and she unexpectedly showed up at his house. i mean, like, this sounds like the plot for a really bad, you know, sort of late night -- >> she was a government employee -- [laughter] he was a tax dodger. melissa: i don't know that i even believe this story. did this happen to you, adam? are you the guy in this story? i don't know. >> i'm thinking of so many inappropriate things that would get me fired. melissa: go ahead, it's cable! >> it's painful. the story's painful. >> i just feel like we're not hearing the whole story. how -- melissa: is it not believable to you? >> it's totally ridiculous. how did this particular irs agent zero in on this guy? melissa: i was wondering that myself
a man in oregon is suing the u.s. government, and an irs agent alleging the agent forced him into having sex by threatening a 40% sex penalty. >> he has leverage. melissa: how did he come up with that number? >> he said it all started when she called him saying he was being audited. she supposedly continued to send him flirtatious texts, and she unexpectedly showed up at his house. i mean, like, this sounds like the plot for a really bad, you know, sort of late night -- >> she...
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vice president of u.s. said that president should have power to mandate which weapons and guns that citizens can own, when it is going to end. >> remember what churchill said we'll do the right thing, but first we must exhaust all possibilities, we're getting close, there may be a awakening it will start with recession come box in the summer. lou: i worry that church hill, who anticipated so much did not anticipate in exhausting all possibilities w could exhaust our wealth, legacy and perhaps destiny. thank you, all i appreciate it. >> thank you for being with us, we hope have you a safe, and good weekend, see you monday. good weekend, see you monday. good night from new all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. stanng by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers.
vice president of u.s. said that president should have power to mandate which weapons and guns that citizens can own, when it is going to end. >> remember what churchill said we'll do the right thing, but first we must exhaust all possibilities, we're getting close, there may be a awakening it will start with recession come box in the summer. lou: i worry that church hill, who anticipated so much did not anticipate in exhausting all possibilities w could exhaust our wealth, legacy and...
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Feb 27, 2013
02/13
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lori: the u.s.-led military coalition in afghanistan admitting it incorrectly reported a 70% drop in taliban attack last year, officials admit there of no change in attacks. a coalition spokesman blames it on a clerical error. and insists it does not alter their basic,sesment of the war but it does under cut obama administration's argument. >> new york today marking 20 anniversary of first terrorist attack on world trade center in 1993. a moment of silence was held. the ceremony was held at 9/11 memorial where the trin towers were destroyed 8 years later. lori: the war on terror taking on a new front, a shocking report said that america's enemies are increasingly homegrown. >> reporter: 20 years since first world trade center attack, this investigative report shows the face of domestic terrorism is changing. the new generation of al qaeda operative is made in the u.s. >> future attacks will be less well organized, less complexed, less likely to succeed and more than likely to be conducted by citizen
lori: the u.s.-led military coalition in afghanistan admitting it incorrectly reported a 70% drop in taliban attack last year, officials admit there of no change in attacks. a coalition spokesman blames it on a clerical error. and insists it does not alter their basic,sesment of the war but it does under cut obama administration's argument. >> new york today marking 20 anniversary of first terrorist attack on world trade center in 1993. a moment of silence was held. the ceremony was held...
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Feb 15, 2013
02/13
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and closing at 97.31 a barrel, and buland. >> american airnes and u.s. airways announcing their agreement to a $11 billion merger to become world's largest airline, this is the fourth major airline deal over last 5 years. joining us now with perspective understand anding of the deal, and itsismcatio implications, m, good to have you with us. this is a industry where it is tough to make money, and is this one going to to make money? >> oh, yeah no question. both carriers, can make money, you put them together, there is not a lot of overlap, a lot of cross feeds this is create, it will help communities and the consumer too. we have one less brand choice but really, it is not that big a dial, they don't overlap much. lou: you know, you shock me just a little bit. have neither of the company been in bankruptcy? >> oh, it has been -- >> they have been in and out like they need a turn style for crying out loud. >> difference is, in last 5 years, the carriers, individually, have cut about 12% of their comment, they are not adding new airplanes, the craziness is
and closing at 97.31 a barrel, and buland. >> american airnes and u.s. airways announcing their agreement to a $11 billion merger to become world's largest airline, this is the fourth major airline deal over last 5 years. joining us now with perspective understand anding of the deal, and itsismcatio implications, m, good to have you with us. this is a industry where it is tough to make money, and is this one going to to make money? >> oh, yeah no question. both carriers, can make...
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Feb 26, 2013
02/13
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the flight to u.s. treasurys. >> my view on europe is that they have not done one thing right since the street protest back in 2010. not one iota close to the solving the financial crisis that we were in back then. they claim to be. we are going to get a banking union, fiscal union, but unless it is run by the germans it is not going to work. it is r by the french and italians. i don't think people are going to want to be racing to invest money. they are not any closer today in solving their problems than they were at the start of this crisis. lori: so easy to forget about that. interesting that the dollar was strong today. another pressure point for the equities market. but there is growing talk and concern of a currency or committing from japan. do you think this is a real threat? japan lowering the value of the yen to make exports more desirable and a better deal than other countries that folw suit creating sort of a ripple effect, this sort of currency were fear that is getting more traction. what i
the flight to u.s. treasurys. >> my view on europe is that they have not done one thing right since the street protest back in 2010. not one iota close to the solving the financial crisis that we were in back then. they claim to be. we are going to get a banking union, fiscal union, but unless it is run by the germans it is not going to work. it is r by the french and italians. i don't think people are going to want to be racing to invest money. they are not any closer today in solving...
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lou: secret service agents, u.s. senators get involved in these mmercial transactions and then don't live up to the contract. >> and being blackmailed which is a serious problem. lou: the start to wonder what the moral standards are for the country. rare going to be right back with the doctors, and they're going to go through the commercial the real saw last night and tell us what is really going on. there is one in particular -- and not talking about the clydesdales. and talking about the geek and that supermodel and likely -- will be right back. stay with us. ♪ clients are always learning more to make eir money do more. (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and
lou: secret service agents, u.s. senators get involved in these mmercial transactions and then don't live up to the contract. >> and being blackmailed which is a serious problem. lou: the start to wonder what the moral standards are for the country. rare going to be right back with the doctors, and they're going to go through the commercial the real saw last night and tell us what is really going on. there is one in particular -- and not talking about the clydesdales. and talking about...
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vice president of u.s. said that president should have power to mandate which weapons and guns that citizens can own, when it is going to end. >> remember what churchill said we'll do the right thing, but first we must exhaust all possibilities, we're getting close, there may be a awakening it will start with recession come box in the summer. lou: i worry that church hill, who anticipated so much did not anticipate in exhausting all possibilities we could exhaust our wealth, legacy and perhaps destiny. thank you, all i appreciate it. >> thank you for being with us, we hope have you a safe, and good weekend, see you monday. good night from new york.
vice president of u.s. said that president should have power to mandate which weapons and guns that citizens can own, when it is going to end. >> remember what churchill said we'll do the right thing, but first we must exhaust all possibilities, we're getting close, there may be a awakening it will start with recession come box in the summer. lou: i worry that church hill, who anticipated so much did not anticipate in exhausting all possibilities we could exhaust our wealth, legacy and...
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Feb 10, 2013
02/13
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the u.s. postal service®, no business too small. gerri: in fashion and new weekly report profiling the entertainment industry the first guest is a super model turned a businesswoman and a one time for sludgy and calvin klein and built the entire empire herself cosmetics, home decor and clothing and accessories fishy will show tonight. of fox business exclusive interview, a iman. >> welcome. >> i love this set. >> our viewers know you and have watched you and i think of the first model something else and go into business. what is your inspiration. >> a new it was a business with a short shelf life so what is next? instead of waiting for things to happen that is how it came up bought -- about. first it was cosmetics from my heart and passion is fashion. gerri: we will get to the products but those years, on the runway, magazine covers covers, you last modeled 1996 which seems impossible. >> is as glamorous as they say but a lot of hard work, a lot of traveling, you don't build relationships or french ships and less in the industry bec
the u.s. postal service®, no business too small. gerri: in fashion and new weekly report profiling the entertainment industry the first guest is a super model turned a businesswoman and a one time for sludgy and calvin klein and built the entire empire herself cosmetics, home decor and clothing and accessories fishy will show tonight. of fox business exclusive interview, a iman. >> welcome. >> i love this set. >> our viewers know you and have watched you and i think of the...
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the u.s. postal service®, no business too small. well, technically i wear one. we asked total strangers to wat it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. ♪ gerri: watch out, taxpayers, you could be on the hook for yet another too big to fail bailout. that is the message top bank regulators and lawmakers are sending. they say dodd-frank fails to protect your bottom line. joining me now, director of financial affect -- financial regulation studies indicate institute. tell me, you said current regulations, we could end up paying for yet another bailout. i have to tell you, all the democrats in washington say you are wrong. what don't they know? >> well, i sent a -- i think they want to defend the act of the past, but the evidence is is too big to fail this year, the largest bank should be able to borrow at a lower rate than riva
the u.s. postal service®, no business too small. well, technically i wear one. we asked total strangers to wat it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. ♪ gerri: watch out, taxpayers, you could be on the hook for yet another too big to fail bailout. that is the message top bank...
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the auto industry is a bright spot in the u.s. economy. and i've seen it that way for the last several years. and while i'm a very good car salesman from new jersey, there's some drivers here that are very powerful that this auto recovery is going to continue, and those skeptics are going to proved to be wrong. here are the drivers: genuine replacement need. we didn't have a recession in automotive. we had a depression. sales collapsed to an unfathomable low level and people stopped buying vehicles. and it pushed out the average age of cars in the united states to 11 years old. they stopped fixing them, and they have to do something. so they come into talk to us, and we have great new products, like never before, great design, quality, innovation, and the financing is the best offering we've ever had because while the banks want to lend again, they were very impressed with the way the consumer made the car payment first in their household during the financial crisis. very attractive place to lend. if you look at the december, january sales
the auto industry is a bright spot in the u.s. economy. and i've seen it that way for the last several years. and while i'm a very good car salesman from new jersey, there's some drivers here that are very powerful that this auto recovery is going to continue, and those skeptics are going to proved to be wrong. here are the drivers: genuine replacement need. we didn't have a recession in automotive. we had a depression. sales collapsed to an unfathomable low level and people stopped buying...
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Feb 11, 2013
02/13
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vice president of u.s. said that president should have power to mandate which weapons and guns that citizens can own, when it is going to end. >> remember what churchill said we'll do the right thing, but first we must exhaust all possibilities, we're getting close, there may be a awakening it will start with recession come box in the summer. lou: i worry that church hill, who anticipated so much did not anticipate in exhausting all possibilities we could exhaust our wealth, legacy and perhaps destiny. thank you, all i appreciate it. >> thank you for being with us, we hope have you a safe, and good weekend, see you monday. good night from new my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we created legalzoom to help people start their business and launch their dream
vice president of u.s. said that president should have power to mandate which weapons and guns that citizens can own, when it is going to end. >> remember what churchill said we'll do the right thing, but first we must exhaust all possibilities, we're getting close, there may be a awakening it will start with recession come box in the summer. lou: i worry that church hill, who anticipated so much did not anticipate in exhausting all possibilities we could exhaust our wealth, legacy and...
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Feb 26, 2013
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requests is about whether the u.s. should be forgoing things that are important to our country into our economy, not paying for teachers, not paying for roads and bridges to be repaired and rebuilds. also that we can make sure that we retain a set of deductions and loopholes that the very wealthiest among aston continue to enjoy. so that is the fundamental choice we have before us. liz: draconian cuts and then there are people look at this and say, wait a minute. our federal budget is twice the size as it was just over a decade ago. is it impossible to slice just over 2%? >> there will be more coming off of an awful lot of the accounts. and the various secretaries of the president's cabinet have laid out what the implications will be for they're apartments, the amount of furloughs, the a lot of services that will be forgone of course the military, the pentagon, the joint chiefs and so forth make clear what the implications will be to national security. it is a bad picture that is painted. liz: if it is not appropriate
requests is about whether the u.s. should be forgoing things that are important to our country into our economy, not paying for teachers, not paying for roads and bridges to be repaired and rebuilds. also that we can make sure that we retain a set of deductions and loopholes that the very wealthiest among aston continue to enjoy. so that is the fundamental choice we have before us. liz: draconian cuts and then there are people look at this and say, wait a minute. our federal budget is twice the...
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Feb 11, 2013
02/13
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the u.s. postal service®, no business too small. well, technically i wear one. (announcer) at scottrade, our clto make their money do more.re (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and investment companies." i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com you can buy and print real u.s. postage for all your letters and packages. it's like somebody dropped a post office on my desk. it's faster, and cheaper, and make us more productive. stamps.com makes it easy. easy, easy, easy. all you need is a computer and a printer. [ale announcer ] now you can avoid trips to the post office. go to stamps.com and get a 4 week, no risk trial. i have exactly the amo
the u.s. postal service®, no business too small. well, technically i wear one. (announcer) at scottrade, our clto make their money do more.re (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked...
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Feb 23, 2013
02/13
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joining us now with the economic outlook, chief u.s. economist for ubs investment research. great to have you here. talking about terrible thing, apocalypse, armageddon is the president of these united states. he's mistaken? >> all you have to do is add the numbers. they say this sequester is $85 billion. that is based on budget authority. what they actually spend less behind budget authority so when commiists figured this, they take half of the 85 billion divided by the gdp and three tenths or four tenths of 1%. it's not that big right now. lou: one of the thing, and i don't want to engage you on the conversation with the president's veer rasety, but the fact of the matter, as we noted on the broadcast, the president talking about first responders, policemen, firemen, emts losing their jobs because of sequester. we don't know what he was thinking when he said that, but i want to know what's going to happen with the economy, and i think everyone watching this wants to know where we are. in contraction in the fourth quarter with the gdp, and numbers suggest life and bigger to
joining us now with the economic outlook, chief u.s. economist for ubs investment research. great to have you here. talking about terrible thing, apocalypse, armageddon is the president of these united states. he's mistaken? >> all you have to do is add the numbers. they say this sequester is $85 billion. that is based on budget authority. what they actually spend less behind budget authority so when commiists figured this, they take half of the 85 billion divided by the gdp and three...
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Feb 20, 2013
02/13
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way to say that china is not the only country involved in committing economic espionage against the u.s., but six of the seven cases it cites in the new trade secrets report involve china. the administration's promising stepped up efforts including increased trade and law enforcement to protect u.s. trade secrets, especially, in light of that separate report this week on aggressive chinese hacking of dozens of u.s. companies. >> as critical technology has advanced, criminals adapted accordingly. our need to keep pace with these changes remains imperative, and the stakes have never really been higher. in some industries, a single trade secret is worth millions or even billions, billions of dollars. >> this report today follows up on the president's executive order that he signed last week to try to beef up cyber security efforts, but new programs such as better information about cyber threats between u.s. intelligence agencies and private sector companies will take time to roll out. david and liz? liz: thank you, peter, very much, peter barnes. david: news from the fed minutes moving mar
way to say that china is not the only country involved in committing economic espionage against the u.s., but six of the seven cases it cites in the new trade secrets report involve china. the administration's promising stepped up efforts including increased trade and law enforcement to protect u.s. trade secrets, especially, in light of that separate report this week on aggressive chinese hacking of dozens of u.s. companies. >> as critical technology has advanced, criminals adapted...
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Feb 25, 2013
02/13
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the u.s. postal service®, no business too small. ♪ lou: president obama, tea party backed republican senator in the city logical opposite, but they have very same reviews about where the republican party right now could improve a great deal. listen to the president by al sharpton is ready a share yesterday. >> my sense is that -- the basic view is that nothing is important enough to raise taxes on wealthy individuals or corporations and that is the thing that binds their party together at this point. lou: here is what he said at an event in ohio. hosted by the republican party. it is important to know that. the democratic story is the republicans are the party of the rich and the democrats the party and everybody else. and he said, if that is the narrative people believe it will never allow another national election. the president, working to change all of that. there is a messaging were going on between the national rifle association and organizing for action, the advocacy group for the to
the u.s. postal service®, no business too small. ♪ lou: president obama, tea party backed republican senator in the city logical opposite, but they have very same reviews about where the republican party right now could improve a great deal. listen to the president by al sharpton is ready a share yesterday. >> my sense is that -- the basic view is that nothing is important enough to raise taxes on wealthy individuals or corporations and that is the thing that binds their party together...